Economics Myths, Part 8: The Chinese Data is Fake

If you pay attention to the financial media inevitably you’ll come across unsubstantiated musings disguised as rigorous analysis about China’s economy being ‘fake’. But the funny thing is, you never hear similar stories about Brazil’s economy being fake, or about Turkey or Russia’s economy being…

Black-White IQ Gap Debate

In theoretical physics, there is a big debate over ‘mass gap’; in the world of HBD, the debate is over ‘IQ gap’, on Unz over blogger Chanda Chisala’s two articles which refute Africans have a lower IQ than whites: The IQ Gap is no Longer…

The Rise of STEM: Wealth and Intellectualism Über Alles

Abstract mathematics, theoretical physics, computer science, and quantitative finance, all of which compose the constellation called ‘STEM’- is cachet of ‘nobility’ in the post-2008 economy, the new ‘cool’ among millions of millennials who aspire for prestigious careers that involve wealth or intellectual recognition, preferably both,…

2060 IQ Projections

Interesting new study: Future Cognitive Ability: US IQ Prediction until 2060 Based on NAEP From the abstract: …US Census Bureau, cognitive trends until 2060 for the entire age cohort and ethnic groups were estimated. Estimated population averages for 2060 are 103 (optimistic) or 102 (pessimistic)….

IQ Tests Are Not Culturally Biased

Although the left believes IQ tests culturally biased, the evidence according to Arthur Jensen in his book Bias in Mental Testing suggests otherwise: …The book presents several arguments that IQ tests are not biased. African Americans’ lower average performance on IQ tests cannot be because…

STEM vs. Liberal Arts: Which is Harder?

The essay Who’s the alpha male now, bitches? got me thinking – not about the subject matter of angst-ridden young adults and mass shootings, but the inimitable eloquence of the writing style itself. The precision and skill of how the words were chosen and arranged…

More Emissions Violators is Good News for Volkswagen

The chattering classes are puzzled as to why Volkswagen stock has rebounded so strongly in recent weeks, up 30% on no apparent news: Furthermore, at the same time, it has come to light that additional manufactures have emissions violations, namely Audi, Mercedes-Benz, Honda, Mazda, and…

Economics Myths, Part 6: Alan Greenspan Caused The Financial Crisis

Greenspan: Fed Not Responsible for Financial Crisis If a lie is repeated often enough it becomes the truth, and there are few better examples than the tar and feathering of Alan Greenspan for his alleged role the housing and financial crisis. But the preponderance of…